DBK Financial Counsel LLC Takes Position in Microsoft Co. (NASDAQ:MSFT)

DBK Financial Counsel LLC acquired a new stake in Microsoft Co. (NASDAQ:MSFTGet Rating) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 820 shares of the software giant’s stock, valued at approximately $211,000.

Other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its position in Microsoft by 5.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 134,115 shares of the software giant’s stock valued at $42,237,000 after buying an additional 7,210 shares during the period. Arbor Investment Advisors LLC boosted its position in Microsoft by 12.6% during the 1st quarter. Arbor Investment Advisors LLC now owns 12,142 shares of the software giant’s stock valued at $3,743,000 after buying an additional 1,357 shares during the period. KRS Capital Management LLC boosted its position in Microsoft by 4.8% during the 1st quarter. KRS Capital Management LLC now owns 4,781 shares of the software giant’s stock valued at $1,474,000 after buying an additional 218 shares during the period. Dfpg Investments LLC boosted its position in Microsoft by 22.9% during the 1st quarter. Dfpg Investments LLC now owns 27,038 shares of the software giant’s stock valued at $7,585,000 after buying an additional 5,030 shares during the period. Finally, Allworth Financial LP boosted its position in Microsoft by 41.4% during the 1st quarter. Allworth Financial LP now owns 147,385 shares of the software giant’s stock valued at $45,441,000 after buying an additional 43,189 shares during the period. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Microsoft Stock Performance

Shares of MSFT stock opened at $240.98 on Friday. The company has a quick ratio of 1.75, a current ratio of 1.78 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $1.80 trillion, a PE ratio of 25.00, a P/E/G ratio of 2.04 and a beta of 0.94. The company has a 50 day moving average price of $267.65 and a 200-day moving average price of $272.65. Microsoft Co. has a 52 week low of $237.57 and a 52 week high of $349.67.

Microsoft (NASDAQ:MSFTGet Rating) last posted its quarterly earnings data on Tuesday, July 26th. The software giant reported $2.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.28 by ($0.05). The business had revenue of $51.87 billion during the quarter, compared to analysts’ expectations of $52.31 billion. Microsoft had a return on equity of 43.31% and a net margin of 36.69%. During the same period in the previous year, the business posted $2.17 EPS. As a group, equities research analysts expect that Microsoft Co. will post 10.15 earnings per share for the current year.

Microsoft Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 8th. Investors of record on Thursday, November 17th will be issued a $0.68 dividend. This is an increase from Microsoft’s previous quarterly dividend of $0.62. The ex-dividend date is Wednesday, November 16th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 1.13%. Microsoft’s dividend payout ratio (DPR) is presently 25.73%.

Insider Buying and Selling

In other Microsoft news, CMO Christopher C. Capossela sold 5,000 shares of Microsoft stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $266.25, for a total transaction of $1,331,250.00. Following the transaction, the chief marketing officer now owns 109,837 shares of the company’s stock, valued at $29,244,101.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Itau BBA Securities assumed coverage on shares of Microsoft in a research report on Tuesday, July 26th. They issued an “outperform” rating and a $287.00 target price for the company. Piper Sandler dropped their target price on shares of Microsoft from $352.00 to $312.00 and set an “overweight” rating for the company in a research report on Friday, July 8th. Rosenblatt Securities dropped their target price on shares of Microsoft from $349.00 to $330.00 and set a “buy” rating for the company in a research report on Tuesday, July 26th. Itaú Unibanco assumed coverage on shares of Microsoft in a research report on Tuesday, July 26th. They issued an “outperform” rating and a $287.00 target price for the company. Finally, UBS Group set a $330.00 target price on shares of Microsoft in a research report on Thursday, September 15th. Three research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the company’s stock. Based on data from MarketBeat, Microsoft has a consensus rating of “Moderate Buy” and a consensus target price of $332.77.

Microsoft Profile

(Get Rating)

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. The company operates in three segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment offers Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, Microsoft Viva, and Skype for Business; Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for organizations and enterprise divisions.

Read More

Institutional Ownership by Quarter for Microsoft (NASDAQ:MSFT)

Receive News & Ratings for Microsoft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microsoft and related companies with MarketBeat.com's FREE daily email newsletter.